Senior Banking Analyst

Permanent Full Time 

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The Senior Banking Analyst will be a key member of the Banking Operations team. This position is responsible for the administration and maintenance of banking documentation and system (Prolific) access, and processing bank transactions for Canada Life and its subsidiaries. The Senior Banking Analyst provides support to management and is responsible for collaborating with other business units to support business priorities and drive continuous process improvements.

What you will do

• Involved in the administration and maintenance of banking documentation for all bank accounts for Canada Life and its subsidiaries, including the opening/closing of bank accounts, signatories, and completion of other documentation as required by our Financial Institutions
• Responsible for the administration and maintenance of banking related system access and reporting requirements
• Responsible for timely and accurate processing of bank transactions for Canada Life and its subsidiaries
• Involvement in the completion of internal/external audit requests and testing, ICOFR documentation and testing, and quarterly/yearly reporting requests
• Maintain a thorough working knowledge of various SAP modules and CS14 (Corporate Disbursement History System)
• Maintain an understanding of lines of business systems which impact bank general ledger accounts
• Collaborate with other business units to support business priorities and drive continuous process improvements
• Support junior staff in problem solving and assists management team with workload balancing
• Responsible for training others in the department
• Participate in and complete special/ad hoc projects and reports, as required

 What you will bring

• Completion of post secondary education, specializing in Accounting/Finance, such as Business Administration or B. Comm is an asset
• Well-developed organizational and time management skills, with the ability to deal with fluctuating work volumes
• Strong analytical, problem solving and decision-making skills, with a focus on accuracy and attention to detail 
• Ability to work independently and as part of a team
• Excellent communication skills
• Minimum 2-4 years of accounting experience, including treasury experience is an asset
• SAP, corporate (GWL) mainframe and experience working with various Financial Institution software applications is required
• Proficient with Microsoft Office (Excel, Outlook, Word, Teams)
• Reliability Status security clearance - this is a personnel security status that is required before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website. Required as our team manages all Protected B enrolment data.  

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The base salary for this position is between $50,400 - $75,600 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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